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9/25/24, 10:40 AM Most Gulf markets gain in line with oil, Asian shares - Markets - Business Recorder
Most Gulf markets gain in line with oil, Asian shares
Reuters Published September 24, 2024
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Most major stock markets in the Gulf rose in early trade on Tuesday in line
with oil prices and Asian shares buoyed by broad stimulus measures from
China, although geopolitical tensions in the region limited gains.
Oil prices - a catalyst for the Gulf’s financial markets -rose on news of monetary stimulus
from top importer China and concerns that tensions in the Middle East could hit regional
supply, while a major hurricane loomed over the United States, the world’s biggest crude
producer.
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